Skip to main content

Paramount Skydance: Q4 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Paramount Skydance Corporation (PSKY) on Wednesday reported a loss of $573 million in its fourth quarter.

The New York-based company said it had a loss of 52 cents per share. Losses, adjusted for one-time gains and costs, came to 12 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The company posted revenue of $8.15 billion in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $8.17 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSKY at https://www.zacks.com/ap/PSKY

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story